ETF Research Center

Franklin FTSE United Kingdom ETF

ALTAR
Score™

7.9%

Recommen-
dation

NEUTRAL

2025E 2026E
P/E ratio	12.4x	P/Sales ratio	1.3x
P/BV ratio	1.9x	Div. yield	6.3%

Description
Performance
Comps
Fundamentals
Valuation
Rating

FLGB tracks a market-cap-weighted index of large- and midcap companies from the United Kingdom.

FUND BASICS
Category	International Equities
Fund Sponsor	Franklin Templeton
Website	www.libertyshares.com
Inception date	Nov 02, 2017
Assets (mns)	$798
Currency	USD
Expense ratio	9 bp
Distributions	Semi-annual

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian
Weighting	Market Cap
Index replication
Uses derivatives	No
Options available	No

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	105
Wgt avg mkt cap (mns)	$86,036
Large cap (>$10bn)	90.7%
Mid cap ($2-10bn)	9.3%
Small cap (<$2bn)	0.0%
Developed mkts	99.9%
Emerging mkts	0.1%

TOP TEN HOLDINGS
Total	43.6 %
ASTRAZENECA PLC	8.1 %
HSBC HOLDINGS PLC	7.1 %
SHELL PLC	7.0 %
UNILEVER PLC	5.1 %
REED ELSEVIER PLC	3.1 %
BP PLC	3.0 %
BRITISH AMERICAN TOBACCO PLC	2.8 %
GSK PLC	2.7 %
LONDON STOCK EXCHANGE GROUP	2.4 %
RIO TINTO PLC	2.3 %

TOP COUNTRY EXPOSURE
	BRITAIN	88.6 %
	IRELAND	6.3 %
	SWITZERLAND	2.0 %
	BERMUDA	0.2 %
	LUXEMBOURG	0.1 %

Standardized Annual Returns (thru May 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
17.1%	13.8%	13.3%	--	6.1%

Market Correlations
versus...	Beta	R-squared
S&P500	0.75	55%
MSCI EAFE	0.88	79%
MSCI Emg. Mkts.	0.70	50%

Technical Indicators
Recent close	$30.75
30d moving avg.	$30.29
Annualized volatility	17.0%
Short interest (ETF)	0.4%
Relative strength (RSI)	62

Liquidity measures
Avg. volume (thou.)	74
Turnover	0.3%
Bid/Ask (% of price)	0.06%
ADV underlying (mns)	$2,723

FINDING ALTERNATIVE FUNDS

Below is a list of 427 potential alternatives to the Franklin FTSE United Kingdom ETF ETF based on the alternatives' overlap in portfolio holdings with FLGB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

FLGB

Expense:

9 bp

ALTAR Score™:

7.9%

ALTERNATIVE ETFs BASED ON OVERLAP WITH FLGB
Ticker	Fund Name	Overlap¹ vs FLGB (%)	Expense ratio (bp)	Savings vs FLGB (bp)	ALTAR Score™ (%)	ALTAR vs FLGB (%)
EWU	iShares MSCI United Kingdom ETF	79.5	50	-41	8.7	+0.8
FKU	First Trust United Kingdom AlphaDEX Fund	36.7	80	-71	7.4	-0.4
FLEE	Franklin FTSE Europe ETF	22.7	9	0	7.4	-0.5
BBEU	JPMorgan BetaBuilders Europe ETF	22.2	9	0	7.2	-0.6
OEUR	ALPS O'Shares Europe Quality Dividend ETF	21.8	48	-39	5.9	-1.9
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	21.6	46	-37	6.8	-1.1
EUDG	WisdomTree Europe Quality Dividend Growth Fund	21.4	58	-49	6.8	-1.1
IEV	iShares Europe ETF	21.2	67	-58	7.1	-0.8
RFEU	First Trust Riverfront Dynamic Europe ETF	19.2	83	-74	10.5	+2.6
VGK	Vanguard FTSE Europe ETF	19.2	11	-2	7.5	-0.4
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	19.1	25	-16	7.3	-0.5
JPIN	J.P. Morgan Diversified Return International Equity ETF	19.0	37	-28	8.7	+0.8
IEUR	iShares Core MSCI Europe ETF	18.9	11	-2	7.5	-0.3
IQLT	iShares MSCI Intl Quality Factor ETF	17.5	30	-21	6.3	-1.5
SPEU	SPDR Portfolio Europe ETF	17.5	7	2	7.4	-0.5
IMFL	Invesco International Developed Dynamic Multifactor ETF	16.6	34	-25	6.0	-1.9
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	16.4	9	0	9.2	+1.3
RFDI	First Trust Riverfront Dynamic Developed International ETF	16.3	83	-74	9.8	+1.9
JIRE	JPMorgan International Research Enhanced Equity ETF	16.3	24	-15	7.3	-0.6
DOL	WisdomTree International LargeCap Dividend Fund	16.2	48	-39	7.5	-0.4
IDHQ	Invesco S&P International Developed High Quality ETF	15.7	29	-20	6.7	-1.2
DTH	WisdomTree International High Dividend Fund	15.7	58	-49	8.9	+1.1
IPKW	Invesco International BuyBack Achievers ETF	15.2	55	-46	13.6	+5.7
EFV	iShares MSCI EAFE Value ETF	15.1	34	-25	9.6	+1.7
DIVI	Franklin International Core Dividend Tilt Index ETF	14.8	9	0	8.2	+0.3
HFXI	IQ FTSE International Equity Currency Neutral ETF	14.7	20	-11	7.3	-0.6
CGIE	Capital Group International Equity ETF	14.6	54	-45	5.1	-2.8
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	14.5	58	-49	7.0	-0.9
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	14.5	14	-5	6.3	-1.5
JHMD	John Hancock Multifactor Developed International ETF	14.3	39	-30	7.7	-0.2
IQDG	WisdomTree International Quality Dividend Growth Fund	14.3	42	-33	7.1	-0.8
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	14.2	36	-27	6.8	-1.1
QEFA	SPDR MSCI EAFE StrategicFactors ETF	14.2	30	-21	7.2	-0.7
GSID	Goldman Sachs MarketBeta International Equity ETF	14.0	20	-11	7.1	-0.8
IVLU	iShares MSCI Intl Value Factor ETF	13.8	30	-21	11.0	+3.2
LVHI	Franklin International Low Volatility High Dividend Index ET	13.7	40	-31	11.0	+3.1
FIVA	Fidelity International Value Factor ETF	13.7	18	-9	10.3	+2.5
STXI	Strive International Developed Markets ETF	13.5	29	-20	7.0	-0.8
EUFN	iShares MSCI Europe Financials ETF	13.5	51	-42	8.7	+0.8
EFA	iShares MSCI EAFE ETF	13.4	35	-26	7.1	-0.8
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	13.3	45	-36	9.1	+1.2
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	13.3	40	-31	7.7	-0.2
FDEV	Fidelity International Multifactor ETF	13.3	18	-9	7.5	-0.4
DWM	WisdomTree International Equity Fund	13.2	48	-39	7.6	-0.3
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	13.2	39	-30	6.9	-1.0
ESGD	iShares ESG Aware MSCI EAFE ETF	13.1	20	-11	7.1	-0.8
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	13.0	20	-11	6.8	-1.1
DWMF	WisdomTree International Multifactor Fund	13.0	38	-29	7.0	-0.9
FICS	First Trust International Developed Capital Strength ETF	12.9	70	-61	6.2	-1.6
NUDM	Nuveen ESG International Developed Markets Equity ETF	12.9	31	-22	6.5	-1.4
TTAI	FCF International Quality ETF	12.8	59	-50	6.9	-1.0
FNDF	Schwab Fundamental International Large Co. Index ETF	12.8	25	-16	9.8	+2.0
FIDI	Fidelity International High Dividend ETF	12.7	18	-9	9.0	+1.1
IQSI	IQ Candriam International Equity ETF	12.6	15	-6	6.7	-1.2
BKIE	BNY Mellon International Equity ETF	12.5	4	5	7.2	-0.7
IDMO	Invesco S&P International Developed Momentum ETF	12.5	25	-16	5.5	-2.4
KXI	iShares Global Consumer Staples ETF	12.1	41	-32	5.6	-2.3
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	12.0	46	-37	10.2	+2.3
IEFA	iShares Core MSCI EAFE ETF	12.0	7	2	7.4	-0.5
QINT	American Century Quality Diversified International ETF	12.0	39	-30	7.5	-0.4
DTAN	Sparkline International Intangible Value ETF	11.9	55	-46	8.4	+0.6
EUDV	ProShares MSCI Europe Dividend Growers ETF	11.8	55	-46	5.9	-2.0
EFG	iShares MSCI EAFE Growth ETF	11.8	36	-27	4.4	-3.4
OSEA	Harbor International Compounders ETF	11.8	55	-46	4.7	-3.2
JIG	JPMorgan International Growth ETF	11.7	55	-46	4.8	-3.1
EFAX	SPDR MSCI EAFE Fossil Fuel Free ETF	11.7	20	-11	6.7	-1.2
IMTM	iShares MSCI Intl Momentum Factor ETF	11.6	30	-21	5.5	-2.3
SCHY	Schwab International Dividend Equity ETF	11.5	14	-5	9.7	+1.8
GSIE	Goldman Sachs ActiveBeta International Equity ETF	11.5	25	-16	7.2	-0.6
SCHF	Schwab International Equity ETF	11.3	6	3	7.5	-0.4
CGXU	Capital Group International Focus Equity ETF	11.3	54	-45	5.9	-2.0
IDV	iShares International Select Dividend ETF	11.3	51	-42	11.5	+3.6
FENI	Fidelity Enhanced International ETF	11.0	28	-19	6.8	-1.1
FEP	First Trust Europe AlphaDEX Fund	10.9	80	-71	9.5	+1.6
DFAI	Dimensional International Core Equity Market ETF	10.9	18	-9	7.4	-0.5
CEFA	Global X S&P Catholic Values Developed ex-US ETF	10.7	35	-26	6.9	-1.0
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	10.7	24	-15	7.6	-0.2
IDEV	iShares Core MSCI International Developed Markets ETF	10.6	4	5	7.4	-0.5
VEA	Vanguard FTSE Developed Markets ETF	10.5	5	4	7.4	-0.4
CIL	VictoryShares International Volatility Wtd ETF	10.4	45	-36	6.8	-1.1
VWID	Virtus WMC International Dividend ETF	10.3	49	-40	8.9	+1.0
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	10.3	29	-20	8.0	+0.1
AIVI	WisdomTree International AI Enhanced Value Fund	10.3	58	-49	7.4	-0.5
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	10.1	32	-23	5.9	-1.9
SPDW	SPDR Portfolio Developed World ex-US ETF	10.1	3	6	7.3	-0.6
FILL	iShares MSCI Global Energy Producers ETF	10.0	39	-30	11.7	+3.8
IXC	iShares Global Energy ETF	10.0	44	-35	10.3	+2.4
FEOE	First Eagle Overseas Equity ETF	9.9	79	-70	8.3	+0.4
EFAV	iShares MSCI EAFE Min Vol Factor ETF	9.9	22	-13	5.8	-2.1
UMMA	Wahed Dow Jones Islamic World ETF	9.9	65	-56	5.3	-2.6
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	9.8	42	-33	6.8	-1.0
VYMI	Vanguard International High Dividend Yield ETF	9.7	22	-13	9.9	+2.0
GNR	SPDR S&P Global Natural Resources ETF	9.3	40	-31	11.6	+3.7
MOTI	VanEck Morningstar International Moat ETF	9.0	58	-49	11.2	+3.3
AGQI	First Trust Active Global Quality Income ETF	8.9	85	-76	5.4	-2.5
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	8.8	18	-9	8.0	+0.1
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	8.8	41	-32	7.7	-0.1
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	8.7	39	-30	8.3	+0.5
EFAD	ProShares MSCI EAFE Dividend Growers ETF	8.6	50	-41	5.8	-2.1
CWI	SPDR MSCI ACWI ex-US ETF	8.6	30	-21	8.0	+0.1
IDLV	Invesco S&P International Developed Low Volatility ETF	8.6	25	-16	6.5	-1.3
MOTG	VanEck Morningstar Global Wide Moat ETF	8.6	52	-43	6.9	-1.0
IQDF	FlexShares International Quality Dividend Index Fund	8.5	47	-38	9.4	+1.5
ACWX	iShares MSCI ACWI ex U.S. ETF	8.4	34	-25	8.1	+0.2
INTF	iShares International Equity Factor ETF	8.4	15	-6	8.1	+0.2
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	8.4	12	-3	6.3	-1.6
VEU	Vanguard FTSE All-World ex-US Index Fund	8.3	8	1	8.3	+0.4
VIGI	Vanguard International Dividend Appreciation ETF	8.2	15	-6	6.2	-1.7
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	8.1	47	-38	8.6	+0.8
IDNA	iShares Genomics Immunology and Healthcare ETF	7.9	47	-38	-2.3	-10.2
UIVM	VictoryShares International Value Momentum ETF	7.9	35	-26	9.3	+1.4
JHID	John Hancock International High Dividend ETF	7.9	46	-37	9.9	+2.1
FEGE	First Eagle Global Equity ETF	7.9	79	-70	7.1	-0.8
IDOG	ALPS International Sector Dividend Dogs ETF	7.9	50	-41	12.4	+4.5
CGDG	Capital Group Dividend Growers ETF	7.8	47	-38	6.3	-1.5
RCGE	RockCreek Global Equality ETF	7.8	95	-86	6.6	-1.3
DFSI	Dimensional International Sustainability Core 1 ETF	7.7	24	-15	6.5	-1.3
GVAL	Cambria Global Value ETF	7.7	68	-59	11.3	+3.5
VXUS	Vanguard Total International Stock ETF	7.6	7	2	8.2	+0.3
IXUS	iShares Core MSCI Total International Stock ETF	7.6	7	2	8.2	+0.4
EFAS	Global X MSCI SuperDividend EAFE ETF	7.5	57	-48	8.6	+0.7
DIHP	Dimensional International High Profitability ETF	7.5	29	-20	7.3	-0.6
DIM	WisdomTree International MidCap Dividend Fund	7.4	58	-49	7.7	-0.2
DMXF	iShares ESG Advanced MSCI EAFE ETF	7.3	12	-3	5.7	-2.2
AVIV	Avantis International Large Cap Value ETF	7.1	25	-16	9.0	+1.1
IGRO	iShares International Dividend Growth ETF	7.1	15	-6	7.3	-0.6
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	6.8	65	-56	11.8	+3.9
DWX	SPDR S&P International Dividend ETF	6.7	45	-36	6.2	-1.7
VSGX	Vanguard ESG International Stock ETF	6.6	12	-3	8.1	+0.2
FYLD	Cambria Foreign Shareholder Yield ETF	6.6	59	-50	12.0	+4.1
DFIC	Dimensional International Core Equity 2 ETF	6.5	23	-14	7.7	-0.2
DIVS	SmartETFs Dividend Builder ETF	6.5	65	-56	5.0	-2.8
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	6.4	80	-71	5.5	-2.4
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	6.3	65	-56	3.7	-4.2
TPIF	Timothy Plan International ETF	6.2	62	-53	6.4	-1.5
INEQ	Columbia International Equity Income ETF	6.1	45	-36	8.4	+0.5
ESGG	FlexShares STOXX Global ESG Select Index Fund	6.1	42	-33	5.6	-2.3
DEW	WisdomTree Global High Dividend Fund	6.0	58	-49	8.8	+0.9
PPIE	Putnam PanAgora ESG International Equity ETF	5.9	49	-40	7.5	-0.3
AVSD	Avantis Responsible International Equity ETF	5.7	23	-14	5.8	-2.1
DFIV	Dimensional International Value ETF	5.7	27	-18	10.2	+2.3
HART	IQ Healthy Hearts ETF	5.6	45	-36	6.7	-1.2
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	5.5	80	-71	10.2	+2.3
PATN	Pacer Nasdaq International Patent Leaders ETF	5.5	65	-56	6.5	-1.3
SAGP	Strategas Global Policy Opportunities ETF	5.4	65	-56	5.4	-2.5
IXJ	iShares Global Healthcare ETF	5.3	42	-33	7.3	-0.6
EXI	iShares Global Industrials ETF	5.2	42	-33	4.7	-3.2
DGT	SPDR Global Dow ETF	5.2	50	-41	7.4	-0.4
WBAT	WisdomTree Battery Value Chain and Innovation Fund	5.2	45	-36	4.5	-3.4
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	5.1	60	-51	3.7	-4.2
AVDE	Avantis International Equity ETF	5.1	23	-14	7.7	-0.2
PIZ	Invesco Dorsey Wright Developed Markets Momentum ETF	4.8	80	-71	4.9	-3.0
WLDR	Affinity World Leaders Equity ETF	4.8	67	-58	8.0	+0.1
NATO	Themes Transatlantic Defense ETF	4.7	35	-26	2.5	-5.4
MXI	iShares Global Materials ETF	4.7	41	-32	8.1	+0.3
KOCG	FIS Knights of Columbus Global Belief ETF	4.7	75	-66	5.2	-2.7
RAYD	Rayliant Quantitative Developed Market Equity ETF	4.6	80	-71	4.5	-3.3
DSTX	Distillate International Fundamental Stability & Value ETF	4.6	55	-46	8.3	+0.4
FDD	First Trust Stoxx European Select Dividend Index Fund	4.5	58	-49	11.9	+4.0
OCEN	IQ Clean Oceans ETF	4.5	45	-36	6.2	-1.6
PICK	iShares MSCI Global Metals & Mining Producers ETF	4.3	39	-30	14.5	+6.6
CGGO	Capital Group Global Growth Equity ETF	4.3	47	-38	4.8	-3.0
RODE	Hartford Multifactor Diversified International ETF	4.3	29	-20	11.0	+3.1
HRTS	Tema GLP-1 Obesity & Cardiometabolic ETF	4.3	75	-66	1.2	-6.6
CANC	Tema Oncology ETF	4.2	75	-66	-2.7	-10.6
RSHO	Tema American Reshoring ETF	4.2	75	-66	5.1	-2.7
GDOC	Goldman Sachs Future Health Care Equity ETF	4.2	75	-66	2.8	-5.1
KOKU	Xtrackers MSCI Kokusai Equity ETF	4.1	9	0	5.4	-2.5
OAIM	OneAscent International Equity ETF	4.0	95	-86	5.8	-2.0
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	4.0	30	-21	8.2	+0.4
COPY	Tweedy, Browne Insider + Value ETF	4.0	80	-71	12.3	+4.4
DMAT	Global X Disruptive Materials ETF	3.9	59	-50	10.1	+2.3
TOKE	Cambria Cannabis ETF	3.9	42	-33	1.9	-6.0
IVAL	Alpha Architect International Quantitative Value ETF	3.8	49	-40	10.9	+3.0
WWJD	Inspire International ETF	3.8	80	-71	7.4	-0.5
QWLD	SPDR MSCI World StrategicFactors ETF	3.7	30	-21	6.2	-1.6
JXI	iShares Global Utilities ETF	3.6	43	-34	6.1	-1.8
CRTC	Xtrackers US National Critical Technologies ETF	3.6	35	-26	5.0	-2.9
KLMT	Invesco MSCI Global Climate 500 ETF	3.6	10	-1	6.1	-1.8
TOK	iShares MSCI Kokusai ETF	3.6	26	-17	5.3	-2.5
GVIP	Goldman Sachs Hedge Industry VIP ETF	3.6	45	-36	3.6	-4.3
IXG	iShares Global Financials ETF	3.5	42	-33	7.0	-0.8
IOO	iShares Global 100 ETF	3.5	41	-32	5.2	-2.7
EWUS	iShares MSCI United Kingdom Small Cap ETF	3.5	59	-50	7.5	-0.4
IEUS	iShares MSCI Europe Small-Cap ETF	3.5	42	-33	7.5	-0.4
BKCI	BNY Mellon Concentrated International ETF	3.4	80	-71	5.1	-2.8
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	3.4	25	-16	6.0	-1.8
URTH	iShares MSCI World ETF	3.4	24	-15	5.4	-2.5
SCZ	iShares MSCI EAFE Small-Cap ETF	3.4	40	-31	7.3	-0.6
GMET	VanEck Green Metals ETF	3.3	63	-54	10.1	+2.2
TMFG	Motley Fool Global Opportunities ETF	3.3	85	-76	4.0	-3.9
CZAR	Themes Natural Monopoly ETF	3.2	35	-26	5.6	-2.3
KNO	AXS Knowledge Leaders ETF	3.2	78	-69	6.2	-1.7
FMAT	Fidelity MSCI Materials Index ETF	3.1	8	1	6.5	-1.4
BLLD	JPMorgan Sustainable Infrastructure ETF	3.1	49	-40	6.1	-1.8
FGD	First Trust Dow Jones Global Select Dividend Index Fund	3.0	56	-47	11.3	+3.4
ACWI	iShares MSCI ACWI ETF	3.0	32	-23	5.9	-2.0
RGEF	Rockefeller Global Equity ETF	3.0	55	-46	5.0	-2.8
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	3.0	9	0	6.1	-1.8
VT	Vanguard Total World Stock ETF	2.9	7	2	6.2	-1.7
FNDC	Schwab Fundamental International Small Co. Index ETF	2.9	39	-30	6.1	-1.8
GLOF	iShares Global Equity Factor ETF	2.8	20	-11	7.0	-0.9
FDFF	Fidelity Disruptive Finance ETF	2.8	50	-41	4.1	-3.8
CGDV	Capital Group Dividend Value ETF	2.8	33	-24	4.7	-3.1
WRND	IQ Global Equity R&D Leaders ETF	2.7	18	-9	8.7	+0.8
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	2.7	47	-38	5.9	-2.0
NBCC	Neuberger Berman Next Generation Connected Consumer ETF	2.7	56	-47	2.7	-5.2
IMOM	Alpha Architect International Quantitative Momentum ETF	2.6	49	-40	3.3	-4.5
JSTC	Adasina Social Justice All Cap Global ETF	2.6	89	-80	4.9	-3.0
DFIS	Dimensional International Small Cap ETF	2.6	39	-30	7.6	-0.3
CRBN	iShares MSCI ACWI Low Carbon Target ETF	2.6	20	-11	6.0	-1.9
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	2.6	46	-37	5.5	-2.3
GCOW	Pacer Global Cash Cows Dividend ETF	2.6	60	-51	11.1	+3.3
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	2.6	12	-3	5.4	-2.5
GINN	Goldman Sachs Innovate Equity ETF	2.5	52	-43	3.9	-4.0
ION	ProShares S&P Global Core Battery Metals ETF	2.5	58	-49	12.1	+4.3
BCDF	Horizon Kinetics Blockchain Development ETF	2.4	85	-76	4.1	-3.8
RXI	iShares Global Consumer Discretionary ETF	2.4	41	-32	9.4	+1.5
CGUS	Capital Group Core Equity ETF	2.4	33	-24	4.5	-3.4
IQRA	IQ CBRE Real Assets ETF	2.3	65	-56	5.8	-2.1
HAP	VanEck Natural Resources ETF	2.3	50	-41	9.7	+1.8
BLES	Inspire Global Hope ETF	2.3	61	-52	7.0	-0.9
DIVZ	TrueShares Low Volatility Equity Income ETF	2.2	65	-56	6.7	-1.2
PAVE	Global X U.S. Infrastructure Development ETF	2.2	47	-38	5.9	-1.9
PKB	Invesco Building & Construction ETF	2.2	62	-53	4.9	-3.0
HWAY	Themes US Infrastructure ETF	2.2	29	-20	6.9	-1.0
ISCF	iShares International SmallCap Equity Factor ETF	2.2	23	-14	8.7	+0.8
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	2.2	58	-49	4.9	-3.0
BDIV	AAM Brentview Dividend Growth ETF	2.2	49	-40	4.8	-3.1
GNOM	Global X Genomics & Biotechnology ETF	2.2	50	-41	-3.9	-11.8
SHLD	Global X Defense Tech ETF	2.1	50	-41	3.5	-4.4
INFL	Horizon Kinetics Inflation Beneficiaries ETF	2.1	85	-76	3.9	-4.0
VIDI	Vident International Equity Strategy ETF	2.1	61	-52	11.8	+3.9
CLNR	IQ Cleaner Transport ETF	2.0	45	-36	6.5	-1.3
IGF	iShares Global Infrastructure ETF	2.0	41	-32	4.8	-3.0
GII	SPDR S&P Global Infrastructure ETF	2.0	40	-31	4.8	-3.0
COPX	Global X Copper Miners ETF	2.0	65	-56	8.6	+0.7
ICOP	iShares Copper and Metals Mining ETF	2.0	47	-38	9.4	+1.5
COPA	Themes Copper Miners ETF	2.0	35	-26	7.0	-0.9
XT	iShares Exponential Technologies ETF	1.8	46	-37	5.0	-2.9
FPAG	FPA Global Equity ETF	1.7	49	-40	6.1	-1.8
EV	Mast Global Battery Recycling & Production ETF	1.7	65	-56	10.6	+2.7
BNGE	First Trust S-Network Streaming and Gaming ETF	1.7	70	-61	2.9	-5.0
BETZ	Roundhill Sports Betting & iGaming ETF	1.7	75	-66	2.2	-5.7
DISV	Dimensional International Small Cap Value ETF	1.6	42	-33	9.7	+1.8
IXP	iShares Global Comm Services ETF	1.6	42	-33	5.8	-2.1
PEX	ProShares Global Listed Private Equity ETF	1.6	81	-72	10.8	+2.9
PSP	Invesco Global Listed Private Equity ETF	1.6	106	-97	6.4	-1.5
LEGR	First Trust Indxx Innovative Transaction & Process ETF	1.6	65	-56	7.6	-0.3
FPXE	First Trust IPOX Europe Equity Opportunities ETF	1.5	70	-61	4.8	-3.0
AFK	VanEck Africa Index ETF	1.5	98	-89	12.5	+4.6
GK	AdvisorShares Gerber Kawasaki ETF	1.5	75	-66	2.6	-5.3
VICE	AdvisorShares Vice ETF	1.5	99	-90	6.2	-1.7
FDN	First Trust Dow Jones Internet Index Fund	1.5	52	-43	3.2	-4.6
FDND	FT Vest Dow Jones Internet & Target Income ETF	1.5	75	-66	3.0	-4.8
FLV	American Century Focused Large Cap Value ETF	1.5	42	-33	6.9	-0.9
FPXI	First Trust International Equity Opportunities ETF	1.5	70	-61	3.5	-4.4
CGV	Conductor Global Equity Value ETF	1.5	130	-121	8.7	+0.9
ODDS	Pacer BlueStar Digital Entertainment ETF	1.4	60	-51	2.2	-5.7
AVDV	Avantis International Small Cap Value ETF	1.4	36	-27	10.3	+2.4
MAGA	Point Bridge America First ETF	1.3	72	-63	6.3	-1.5
PIO	Invesco Global Water ETF	1.3	75	-66	4.8	-3.0
GLBL	Pacer MSCI World Industry Advantage ETF	1.2	65	-56	4.4	-3.5
CCNR	ALPS CoreCommodity Natural Resources ETF	1.2	39	-30	11.6	+3.7
HAUZ	DBX ETF Trust - Xtrackers International Real Estate ETF	1.1	10	-1	8.2	+0.4
ISHP	First Trust Nasdaq Retail ETF	1.1	60	-51	5.4	-2.5
NXTG	First Trust Indxx NextG ETF	1.0	70	-61	5.5	-2.4
DTEC	ALPS Disruptive Technologies ETF	1.0	50	-41	3.9	-4.0
REVS	Columbia Research Enhanced Value ETF	1.0	19	-10	8.0	+0.2
DSTL	Distillate US Fundamental Stability & Value ETF	0.9	39	-30	8.6	+0.7
AVRE	Avantis Real Estate ETF	0.9	17	-8	7.2	-0.7
DFGR	Dimensional Global Real Estate ETF	0.9	22	-13	7.5	-0.4
ERET	iShares Environmentally Aware Real Estate ETF	0.9	30	-21	7.6	-0.3
IFGL	iShares International Developed Real Estate ETF	0.9	48	-39	7.2	-0.7
REET	iShares Global REIT ETF	0.9	14	-5	7.7	-0.2
RWO	SPDR Dow Jones Global Real Estate ETF	0.9	50	-41	7.1	-0.8
RWX	SPDR Dow Jones International Real Estate ETF	0.9	59	-50	7.1	-0.8
VGSR	Vert Global Sustainable Real Estate ETF	0.9	47	-38	7.3	-0.6
VNQI	Vanguard Global ex-U.S. Real Estate ETF	0.9	12	-3	8.2	+0.3
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.9	49	-40	7.2	-0.7
FBCV	Fidelity Blue Chip Value ETF	0.9	59	-50	7.6	-0.3
GSFP	Goldman Sachs Future Planet Equity ETF	0.9	75	-66	4.7	-3.1
FID	First Trust S&P International Dividend Aristocrats ETF	0.8	60	-51	8.2	+0.3
WDIV	SPDR S&P Global Dividend ETF	0.8	40	-31	9.6	+1.7
LUX	Tema Luxury ETF	0.8	75	-66	4.6	-3.3
FINE	Themes European Luxury ETF	0.8	35	-26	3.5	-4.4
FELV	Fidelity Enhanced Large Cap Value ETF	0.8	18	-9	7.0	-0.9
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	0.8	8	1	4.8	-3.1
FFLC	Fidelity Fundamental Large Cap Core ETF	0.8	38	-29	4.8	-3.1
TEMP	JPMorgan Climate Change Solutions ETF	0.7	49	-40	6.0	-1.9
VCLN	Virtus Duff & Phelps Clean Energy ETF	0.7	59	-50	5.8	-2.1
RNWZ	TrueShares Eagle Global Renewable Energy Income ETF	0.7	75	-66	7.9	+0.1
ICLN	iShares Global Clean Energy ETF	0.7	41	-32	6.1	-1.7
FDNI	First Trust Dow Jones International Internet ETF	0.7	65	-56	18.3	+10.5
AZTD	Aztlan Global Stock Selection DM SMID ETF	0.7	75	-66	8.0	+0.1
DFLV	Dimensional US Large Cap Value ETF	0.7	22	-13	8.2	+0.3
ABLG	Abacus FCF International Leaders ETF	0.6	59	-50	6.3	-1.5
DFUV	Dimensional US Marketwide Value ETF	0.6	22	-13	7.9	+0.1
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	0.6	9	0	6.3	-1.6
EBLU	Ecofin Global Water ESG Fund	0.6	40	-31	4.3	-3.5
AQWA	Global X Clean Water ETF	0.6	50	-41	5.0	-2.8
CGW	Invesco S&P Global Water Index ETF	0.6	57	-48	4.7	-3.1
EFRA	iShares Environmental Infrastructure and Industrials ETF	0.6	47	-38	5.4	-2.5
AIQ	Global X Artificial Intelligence & Technology ETF	0.6	68	-59	3.9	-3.9
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	0.6	32	-23	5.1	-2.7
PCGG	Polen Capital Global Growth ETF	0.6	85	-76	3.7	-4.1
CLOD	Themes Cloud Computing ETF	0.6	35	-26	3.1	-4.8
KNCT	Invesco Next Gen Connectivity ETF	0.5	40	-31	5.2	-2.7
FELC	Fidelity Enhanced Large Cap Core ETF	0.5	18	-9	5.5	-2.4
SDG	iShares MSCI Global Sustainable Development Goals ETF	0.5	49	-40	6.4	-1.4
RECS	Columbia Research Enhanced Core ETF	0.5	15	-6	6.1	-1.8
FMDE	Fidelity Enhanced Mid Cap ETF	0.5	23	-14	6.0	-1.9
PTL	Inspire 500 ETF	0.5	9	0	5.6	-2.3
BOTT	Themes Robotics & Automation ETF	0.5	35	-26	5.0	-2.9
HTEC	ROBO Global Healthcare Technology and Innovation ETF	0.5	68	-59	2.4	-5.5
MDEV	First Trust Indxx Medical Devices ETF	0.5	70	-61	4.5	-3.4
AGNG	Global X Aging Population ETF	0.5	50	-41	5.0	-2.9
FSMD	Fidelity Small-Mid Multifactor ETF	0.4	15	-6	7.5	-0.4
DTRE	First Trust Alerian Disruptive Technology Real Estate ETF	0.4	60	-51	6.0	-1.9
INDS	Pacer Industrial Real Estate ETF	0.4	55	-46	6.8	-1.1
SFY	SoFi Select 500 ETF	0.4	0	9	4.7	-3.2
FDMO	Fidelity Momentum Factor ETF	0.4	15	-6	3.9	-3.9
FLQL	Franklin LibertyQ U.S. Equity ETF	0.4	15	-6	5.7	-2.2
IGPT	Invesco AI and Next Gen Software ETF	0.4	60	-51	4.4	-3.5
VFMF	Vanguard U.S. Multifactor ETF	0.4	18	-9	8.6	+0.7
VFMO	Vanguard U.S. Momentum Factor ETF	0.4	13	-4	3.3	-4.6
USCA	Xtrackers MSCI USA Climate Action Equity ETF	0.4	7	2	5.2	-2.6
SDIV	Global X Superdividend ETF	0.4	58	-49	41.8	+34.0
ROUS	Hartford Multifactor US Equity ETF	0.4	19	-10	7.4	-0.5
GVUS	Marketbeta Russell 1000 Value Equity ETF	0.4	12	-3	6.8	-1.1
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	0.4	10	-1	5.2	-2.7
CVLC	Calvert US Large-Cap Core Responsible Index ETF	0.3	15	-6	5.2	-2.7
DEUS	Xtrackers Russell US Multifactor ETF	0.3	17	-8	7.2	-0.6
VFVA	Vanguard U.S. Value Factor ETF	0.3	13	-4	11.8	+3.9
JETS	U.S. Global Jets ETF	0.3	60	-51	3.1	-4.8
AIRL	Themes Airlines ETF	0.3	35	-26	2.0	-5.9
JVAL	JPMorgan U.S. Value Factor ETF	0.3	12	-3	8.7	+0.8
JGLO	JPMorgan Global Select Equity ETF	0.3	33	-24	5.1	-2.8
BINV	Brandes International ETF	0.3	70	-61	9.7	+1.9
FBCG	Fidelity Blue Chip Growth ETF	0.3	59	-50	3.1	-4.8
XMAG	Defiance Large Cap ex-Mag 7 ETF	0.3	35	-26	5.3	-2.5
KLMN	Invesco MSCI North America Climate ETF	0.3	9	0	5.3	-2.6
PRNT	3D Printing ETF	0.3	66	-57	1.3	-6.5
CRIT	Optica Rare Earths & Critical Materials ETF Optica Rare Eart	0.3	85	-76	9.9	+2.0
SETM	Sprott Energy Transition Materials ETF	0.3	65	-56	3.8	-4.1
EMC	Global X Emerging Markets Great Consumer ETF	0.3	75	-66	9.1	+1.2
EMM	Global X Emerging Markets ex-China ETF	0.3	75	-66	6.4	-1.5
BATT	Amplify Lithium & Battery Technology ETF	0.3	59	-50	4.1	-3.8
DFVX	Dimensional US Large Cap Vector ETF	0.3	22	-13	6.4	-1.5
HLAL	Wahed FTSE USA Shariah ETF	0.3	50	-41	5.1	-2.8
BKLC	BNY Mellon US Large Cap Core Equity ETF	0.3	0	9	5.2	-2.7
DCOR	Dimensional US Core Equity 1 ETF	0.3	14	-5	5.7	-2.2
BBUS	JP Morgan Betabuilders U.S. Equity ETF	0.3	2	7	5.2	-2.7
FVAL	Fidelity Value Factor ETF	0.3	15	-6	7.3	-0.6
IQSU	IQ Candriam U.S. Large Cap Equity ETF	0.3	9	0	5.1	-2.8
VOTE	TCW Transform 500 ETF	0.3	5	4	5.1	-2.8
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	0.3	11	-2	5.2	-2.7
CUT	Invesco MSCI Global Timber ETF	0.3	61	-52	10.5	+2.7
WOOD	iShares Global Timber & Forestry ETF	0.3	42	-33	12.5	+4.6
PTEC	Global X PropTech ETF	0.2	50	-41	1.8	-6.1
DFAU	Dimensional US Core Equity Market ETF	0.2	12	-3	5.3	-2.5
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	0.2	19	-10	6.5	-1.4
IBOT	Vaneck Robotics ETF	0.2	47	-38	4.3	-3.5
BULD	Pacer BlueStar Engineering the Future ETF	0.2	60	-51	1.5	-6.4
EIRL	iShares MSCI Ireland ETF	0.2	50	-41	9.0	+1.2
DFAC	Dimensional U.S. Core Equity 2 ETF	0.2	17	-8	5.9	-2.0
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	0.2	7	2	5.1	-2.8
GDXJ	VanEck Junior Gold Miners ETF	0.2	52	-43	5.5	-2.4
STXV	Strive 1000 Value ETF	0.2	18	-9	8.3	+0.4
RVRB	Reverb ETF	0.2	30	-21	4.8	-3.1
PBUS	Invesco MSCI USA ETF	0.2	4	5	5.1	-2.7
IXN	iShares Global Tech ETF	0.2	41	-32	4.1	-3.8
DFUS	Dimensional U.S. Equity ETF	0.2	9	0	5.1	-2.8
IVEG	iShares Emergent Food and AgTech Multisector ETF	0.2	47	-38	9.1	+1.2
APUE	ActivePassive U.S. Equity ETF	0.2	45	-36	4.9	-3.0
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	0.2	29	-20	4.5	-3.3
NACP	Impact Shares NAACP Minority Empowerment ETF	0.2	49	-40	5.0	-2.9
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	0.2	25	-16	6.1	-1.8
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	0.2	14	-5	5.2	-2.7
JGRO	JPMorgan Active Growth ETF	0.2	44	-35	3.6	-4.3
EPS	WisdomTree U.S. LargeCap Fund	0.2	8	1	6.0	-1.9
AVUS	Avantis U.S. Equity ETF	0.2	15	-6	6.1	-1.8
RAFE	PIMCO RAFI ESG U.S. ETF	0.2	29	-20	7.5	-0.4
DFSU	Dimensional US Sustainability Core 1 ETF	0.2	18	-9	5.7	-2.2
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	0.2	10	-1	5.5	-2.4
SNPV	Xtrackers S&P 500 Value ESG ETF	0.2	15	-6	7.0	-0.8
DINT	Davis Select International ETF	0.2	55	-46	8.3	+0.4
DWLD	Davis Select Worldwide ETF	0.2	63	-54	7.7	-0.2
BJK	VanEck Gaming ETF	0.2	65	-56	4.5	-3.4
GQRE	FlexShares Global Quality Real Estate Index Fund	0.2	45	-36	7.9	+0.0
STRV	Strive 500 ETF	0.2	5	4	5.1	-2.8
RITA	ETFB Green SRI REITs ETF	0.1	50	-41	6.5	-1.4
JHMM	John Hancock Multifactor Mid Cap ETF	0.1	42	-33	6.8	-1.1
STXG	Strive 1000 Growth ETF	0.1	18	-9	4.1	-3.8
IBUY	Amplify Online Retail ETF	0.1	65	-56	1.3	-6.6
VEGN	US Vegan Climate ETF	0.1	60	-51	4.6	-3.2
EBI	Longview Advantage ETF	0.1	35	-26	7.0	-0.9
ACWV	iShares MSCI Global Min Vol Factor ETF	0.1	20	-11	6.0	-1.9
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.1	9	0	5.5	-2.4
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	0.1	29	-20	6.7	-1.2
AVSU	Avantis Responsible U.S. Equity ETF	0.1	15	-6	6.4	-1.5
APIE	ActivePassive International Equity ETF	0.1	45	-36	7.7	-0.2
SNPE	Xtrackers S&P 500 ESG ETF	0.1	10	-1	5.4	-2.5
SPXT	ProShares S&P 500 Ex-Technology ETF	0.1	9	0	5.8	-2.1
SIL	Global X Silver Miners ETF	0.1	65	-56	3.7	-4.2
GOAU	U.S. Global GO GOLD and Precious Metal Miners ETF	0.1	60	-51	3.7	-4.1
SILJ	ETFMG Prime Junior Silver Miners ETF	0.1	69	-60	2.9	-5.0
AGMI	Themes Silver Miners ETF	0.1	35	-26	6.6	-1.3
BPAY	BlackRock Future Financial and Technology ETF	0.1	70	-61	7.0	-0.9
HDUS	Hartford Disciplined US Equity ETF	0.1	19	-10	6.0	-1.9
SHUS	Syntax Stratified U.S. Total Market Hedged ETF	0.1	65	-56	6.6	-1.3
SPXN	ProShares S&P 500 Ex-Financials ETF	0.1	9	0	5.2	-2.7
SSPY	Syntax Stratified LargeCap ETF	0.1	30	-21	6.9	-0.9
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	0.1	33	-24	10.4	+2.5
SPXE	ProShares S&P 500 Ex-Energy ETF	0.1	9	0	5.1	-2.8
SPXV	ProShares S&P 500 Ex-Health Care ETF	0.1	9	0	4.9	-3.0
DSPY	Tema S&P 500 Historical Weight ETF	0.1	18	-9	5.4	-2.5
PRF	Invesco FTSE RAFI US 1000 ETF	0.0	39	-30	7.1	-0.8
EQAL	Invesco Russell 1000 Equal Weight ETF	0.0	20	-11	7.2	-0.7
CATH	Global X S&P 500 Catholic Values Custom ETF	0.0	29	-20	5.0	-2.9
GSPY	Gotham Enhanced 500 ETF	0.0	50	-41	5.6	-2.3
TOV	JLens 500 Jewish Advocacy U.S. ETF	0.0	18	-9	4.9	-3.0
ACVF	American Conservative Values ETF	0.0	75	-66	4.5	-3.3
JHML	John Hancock Multifactor Large Cap ETF	0.0	29	-20	5.6	-2.3
UAE	iShares MSCI UAE ETF	0.0	59	-50	0.0	-7.9
DEM	WisdomTree Emerging Markets High Dividend Fund	0.0	63	-54	13.4	+5.6
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.0	32	-23	9.6	+1.7

¹Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Forward multiple:	Franklin FTSE United Kingdom ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

	Custom date range	Compare to
	thru

Revision activity*

*Six months ago = 100